Hornby PLC (LON:HRN) posted a jump in quarterly sales, which it deemed “very encouraging”.
The model railway manufacturer said that, as a result, group sales for the financial year ended March 31 were ahead of budget and 28% higher than the previous period.
In the year to March 2020, group revenue came in at £37.8mln.
It added that the pandemic continues to cause uncertainty but it has operated better in this latest lockdown compared to the first one a year ago.
Net cash at year-end was £4.7mln compared to £5.4mln in March 2020.
Hornby said earlier this year that the strong performance has been driven by a “hugely popular” product range and increased global demand, as consumers spend more time indoors focusing on their hobbies.
Shares motored 15% higher to 57p on Tuesday morning.